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Stories

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Posted inStories

Zimbabwe horticulture exports top $72 million

Zimbabwe’s horticultural exports amounted to $72.1 million in 2015, according to trade promotion agency Zimtrade, a significant increase from $49 million the previous year but still about half of the…
Posted by Charles Rukuni October 5, 2016
Posted inStories

Zimbabwe economy slides back into recession

Zimbabwe will register negative economic growth of -0.3 percent in 2016 and -2.5 percent in 2017, the International Monetary Fund has projected, confirming the end of a seven-year rebound from…
Posted by Charles Rukuni October 5, 2016
Posted inStories

ZB Financial Holdings  and key fertilizer firms removed from US sanctions list

ZB Financial Holdings and major fertilizer firms Chemplex and ZFC have been taken off the United States sanctions list, the US Treasury announced yesterday. The Industrial Development Corporation (IDC), a…
Posted by Charles Rukuni October 5, 2016
Posted inStories

Zimbabwe losing $1 billion a year to corruption – report

Zimbabwe is losing at least $1 billion annually to corruption, with police and local government officials among the worst offenders, Transparency International said in a report today. Social media groups…
Posted by Charles Rukuni October 4, 2016
Posted inStories

Mugabe’s son-in-law gets top Air Zimbabwe job

Air Zimbabwe has appointed President Robert Mugabe’s son- in-law, Simba Chikore, as its chief operating officer, making him the second in command at the struggling national airline. Air Zimbabwe chairperson…
Posted by Charles Rukuni October 4, 2016
Posted inStories

Getbucks profit falls by a third

Zimbabwe Stock Exchange (ZSE) listed Financial Services group, Getbucks saw its after tax profit in the half year period to 30 June 2016 declining by a third to $3 million…
Posted by Charles Rukuni October 4, 2016
Posted inStories

Hwange Colliery narrows loss to $28 million

Hwange Colliery Company has narrowed its loss by 36 percent to $28 million in the six months to June, from $44 million in the comparable period last year, the company…
Posted by Charles Rukuni October 3, 2016
Posted inStories

Zimbabwe loses battle to lift ban on ivory trade

A ban on the commercial trade of Ivory will remain in place after member countries of the United Nation’s Convention on International Trade in Endangered Species (CITES) today voted against…
Posted by Charles Rukuni October 3, 2016
Posted inStories

Edgars profit plunges by 90 percent

Clothing retailer, Edgars Stores’ profit plummeted by 90 percent in the six months to July from $1.1 million last year to $109 000, weighed down by retrenchment costs and low…
Posted by Charles Rukuni October 3, 2016
Posted inStories

Tsvangirai says Mugabe must show that Zimbabwe is more important than individuals

Movement for Democratic Change leader Morgan Tsvangirai yesterday said President Robert Mugabe must send out a clear message that the country is more important than individuals if he truly loves…
Posted by Charles Rukuni October 2, 2016

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Insider's Q&A
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